San Francisco:TikTok is reportedly preparing to legally challenge by early next week the first executive order signed by US President Donald Trump to prohibit its China-based owner ByteDance to do any business in the US, the media reported.
According to a report in CNBC citing people familiar with the matter, TikTok plans to challenge the August 6 Trump order as early as next Monday.
The executive order "directed the Secretary of Commerce to come up with a list of transactions involving ByteDance and its holdings that should be banned after 45 days".
Read also:China opposes US ban on ByteDance and Tencent
Trump issued another executive order on August 14, giving ByteDance an option to divest its TikTok business in the US within 90 days.
"TikTok plans to argue that the Aug 6 executive order's reliance on the International Emergency Economic Powers Act deprives it of due process", said the report citing Reuters on Friday.